BOC India slips after weak Q4 earnings

The result was announced after market hours on Monday, 4 February 2013.

Meanwhile, the BSE Sensex was down 77.87 points, or 0.39%, to 19,673.32.

On BSE, 7,483 shares were traded in the counter as against an average daily volume of 5,442 shares in the past one quarter.

The stock hit a high of Rs 331 and a low of Rs 315 so far during the day. The stock had hit a record high of Rs 530 on 18 April 2012. The stock had hit a 52-week low of Rs 319.25 on 6 February 2012.

The stock had underperformed the market over the past one month till 4 February 2013, falling 12.75% compared with the Sensex's 0.17% fall. The scrip had also underperformed the market in past one quarter, sliding 18.86% as against Sensex's 5.31% rise.

The small-cap company has an equity capital of Rs 85.28 crore. Face value per share is Rs 10.

BOC India's net profit declined 26.45% to Rs 89.48 crore on 18.82% rise in net sales to Rs 1313.39 crore in the year ended December 2012 over the year ended December 2011.

The board of BOC India has recommended a dividend of Rs 1.50 per equity share for the year ended 31 December 2012.

BOC India is the leader in gases business in India. It provides a one-stop solution to all businesses for gas supply and related equipment and services.

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